$BTC Bitcoin ETFs Hit With $357.6M Net Outflow, With No ETFs Experiencing Inflows Yesterday.
15/12 records a gloomy trading day for Spot Bitcoin ETFs as capital flows reversed sharply into negative territory.
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🔸 The total Net Outflow for the day reached $357.69 million.
Most concerning is that none of the 12 ETFs recorded positive inflows. The entire ETF market fell into a state of net selling or sitting on the sidelines.
🔸Fidelity (FBTC) unexpectedly recorded the largest daily withdrawal with $230.12 million flowing out of the fund.
🔸 Bitwise (BITB) ranked second in net outflows with $44.32 million.
🔸Fidelity, one of the pillars of the buying side suddenly dumping heavily, combined with the absence of new capital, is a clear short term Bearish signal
When seeing Giants dump over $200 million, do you panic sell or see this as an opportunity to accumulate cheap coins during the correction?
News is for reference, not investment advice. Please read carefully before making a decision.


